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Please use this identifier to cite or link to this item:
http://hdl.handle.net/2108/84
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Full metadata record
| DC Field | Value | Language |
|---|
| contributor.author | Valente, Simone | - |
| date.accessioned | 2005-10-19T11:58:57Z | - |
| date.available | 2005-10-19T11:58:57Z | - |
| date.issued | 2005-02-05 | - |
| identifier.uri | http://hdl.handle.net/2108/84 | - |
| description.abstract | This paper studies the welfare properties of distortionary transfers in a life-cycle growth model where natural capital is private property. The main result is that, under credible pre-commitment, each newborn generation prefers positive taxes-subsidies to laissez-faire conditions when the resource share in production is suffciently high. By increasing the degree of natural preservation, resource-saving policies raise welfare of all generations except that of the first resource owner, who su®ers a deadweight loss due to taxation of the initial stock. If the first owner renounces part of his claims over initial endowments, all successive generations support resource-saving policies for purely selfish reasons | en |
| format.extent | 270628 bytes | - |
| format.mimetype | application/pdf | - |
| language.iso | en | en |
| publisher | CEIS | en |
| relation.ispartofseries | Quaderni CEIS | en |
| relation.ispartofseries | 214 | en |
| subject | distortionary taxation | en |
| subject | intergenerational transfers | en |
| subject | overlapping generation | en |
| subject | renewable resources | en |
| subject | sustainability | en |
| title | Intergenerational transfers, lifetime welfare and resource preservation | en |
| type | Working Paper | en |
| subject.jel | H3; Fiscal policies and behavior of economic agents | en |
| subject.jel | Q2; Renewable resources and conservation, environmental management | en |
| Appears in Collections: | Quaderni
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Files in This Item:
| File |
Description |
Size | Format |
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| 214 VALENTE SIMONE.pdf | | 264Kb | Adobe PDF | View/Open |
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